financetom
Business
financetom
/
Business
/
Argentina Lithium & Energy Releases Initial Mineral Resource Estimate at Rincon West Lithium Project
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Argentina Lithium & Energy Releases Initial Mineral Resource Estimate at Rincon West Lithium Project
Oct 22, 2025 5:47 AM

08:20 AM EDT, 10/22/2025 (MT Newswires) -- Argentina Lithium & Energy ( LILIF ) Wednesday released the results of the first mineral resource estimate for the Rincon West lithium brine project in Argentina.

The MRE contained measured and indicated resources of 0.15 km3 brine volume with an average grade of 296 mg/lithium, representing 238,000 tonnes of lithium carbonate equivalent; and inferred resource of 0.08 km3 brine volume with an average grade of 216 mg/lithium, representing 64,000 tonnes of LCE.

The MRE was completed at the West Block properties totaling 2,931 hectares. The resource estimate does not consider the Paso de Sico concessions in the northern part of the Rincon West project, which represents 3,742.9 hectares of mining concessions at the Rincon Salar.

"This initial resource provides a solid foundation on which we intend to expand the resource base: the exploration team will be carefully evaluating drilling below the current mineral resource, where expansion potential has been identified as the current mineral resource is open to depth," said Argentina Lithium CEO Nikolaos Cacos.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Source Rock Royalties Declares Monthly Dividend
Source Rock Royalties Declares Monthly Dividend
Jul 15, 2025
02:00 PM EDT, 07/15/2025 (MT Newswires) -- Source Rock Royalties ( SRRRF ) on Tuesday declared a monthly dividend of $0.0065 per share, unchanged from its monthly dividend declared in June. The dividend will be payable in cash on August 15 to shareholders of record on July 31. Price: 0.85, Change: +0.01, Percent Change: +1.19 ...
Analysis-Ferrero poised to revive WK Kellogg sales for health-conscious Americans
Analysis-Ferrero poised to revive WK Kellogg sales for health-conscious Americans
Jul 15, 2025
By Savyata Mishra (Reuters) -Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping struggling brands like Keebler cookies, has a good chance of reviving WK Kellogg's legacy cereal brands with its $3.1 billion take-private deal announced last week. Ferrero, which makes sugary treats like Kinder chocolate eggs, Ferrero Rocher, and Tic Tac,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
TKO Signs Agreement With Fanatics for WWE-Themed Online Casino Games in US
TKO Signs Agreement With Fanatics for WWE-Themed Online Casino Games in US
Jul 15, 2025
02:02 PM EDT, 07/15/2025 (MT Newswires) -- TKO Group ( TKO ) said Tuesday its subsidiary WWE entered into an exclusive multiyear licensing agreement with Fanatics Betting and Gaming to produce and distribute WWE-themed casino games in the US. Fanatics Betting and Gaming, a subsidiary of digital sports platform Fanatics, will have a license to produce WWE-themed online casino games...
Copyright 2023-2025 - www.financetom.com All Rights Reserved